This property might be a fair Long-Term investment with a projected 3.86% first-year return on $30,450 initial cash invested.
3.86%
Cash On Cash
8.14%
Cap Rate
1.21
DSCR
$1,420
Rent
$98
Cashflow
Cash Flow
$1,420 income − $1,322 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,420
Total Expenses
$1,322
Mortgage P&I
57%
$814
Property Taxes
6%
$88
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0